SHARE ACCOUNTS &
SERVICES
Share/Savings
This account is what establishes
your membership with the credit union. You are therefore
required to maintain a minimum balance of $5.00 in this
account at all times. The regular share account is designed to
encourage savings thru payroll deduction, but deposits can be
made through direct deposit, in person, mail payments, etc.
Your savings account, known at
the credit union as shares, is paid dividends at the end of
each quarter using the average daily balance method of
calculation. The rate is declared by the Board of Directors
and is subject to change. All shares hold a Free life
insurance policy.
To obtain the annual percentage
yield, you must maintain a minimum daily balance of
$100.00.
Share Draft/Checking with VISA Debit/Check Card
- No minimum balance
required
- No per check fee
- No monthly service charge
- To obtain the annual
percentage yield, you must maintain a minimum daily balance
of $500.00. You will not earn any dividends for the period
if any daily balance is less than $500.00. Earnings on the
account will be computed using the average daily balance in
the account and paid quarterly.
- The VISA CHECKCARD is for
people who like convenience. It is
accepted anywhere the Visa logo appears and gives you access
to cash at ATM's. Transactions are cleared automatically
from your checking account and are listed on your statement.
Call for details.
- Liberty Checks
Automated Teller
Machines
-
ATMs now available at our
Pascagoula Office 2533 Denny Ave (Hwy 90 between Burger King
& Krystal), on the Ground Floor of Singing River
Hospital and in the Main Hall of Ocean Springs Hospital.
- Several Local Credit Unions
in MS and AL offer surcharge free machines.Click www.cu24.com for
locations! *****Machines in other states may not be
surcharge free******
Christmas Club Account
- No minimum balance required,
- Any amount can be deposited
with unlimited number of deposits
- The term for the account is
from November to November annually.
- Only one allowable withdrawal
per term. Once a withdrawal has been made, other than annual
disbursement by the credit union, the account will be
considered closed for that particular term. The account may
be opened at the beginning of the next term. If you close
out your account before the end of the term, no dividends
will be paid.
Vacation
Club
Save for spending special time
together and make memories for a lifetime.
Kids Savings Club
For teaching youngsters the
value of saving - this account is designed for kids under age
12
.
Share
Certificates
IRA - Individual
Retirement Accounts (Roth, Traditional,
Educational)
These are personal tax
deferred retirement plans. An IRA is the way to
help secure and build a comfortable future. IRA funds can be
deposited into a certificate that earns the same as our
certificate rates, or into a IRA regular shares account.
Contact your tax advisor to be sure you are
eligible.
Direct
Deposit
- Direct Deposit puts your
money to work for you. When you authorize your employer to
automatically deposit your funds into your account, not only
do you save time, but it's also fast, safe and reliable!
Your money will be in your account, whether you're sick, on
vacation or just to busy! Just imagine, you'll never have to
waste another lunch hour standing in line to deposit your
check! And with Direct Deposit - it's safe! Your paycheck
can't be lost or stolen.
- All you need is our ABA (Routing) #, 265377976, and your
account # to get started. Money can be directly deposited
into your savings as well as your checking
account.
Payroll
Deduction
When you match Direct Deposit
with payroll deduction, you have a powerful pair of money
management tools working for you. With payroll deduction, each
payday you can put a portion of your paycheck into your
savings account and have the balance deposited into your
sharedraft (checking) account. You also might make a loan
payment to the credit union, automatically.
With payroll deduction, you
accomplish three things at the same time, with no loss of
time:
- You build your savings
- Fulfill a debt obligation
- make funds available
immediately to pay other obligations and to use for other
things
Saving is easier when you pay yourself
first with payroll deduction.
For more information, contact
our office at 228-762-0659.
STAT-Line (audio
response)
Our STAT-Line allows members the
convenience of information about their accounts VIA phone
#769-7881 or 1-877-471-3797. Available are the last
transactions posted on savings, checking, and
loans.
- Transaction history,
- Check copies
- Transfer funds,
- Request withdrawals,
- Re-order checks,
- Make loan payments
- Tested for safety, Internet
banking is convenient and easy!
OTHER PRODUCTS
& SERVICES
Wire
transfers
- You will need the receiving
party information:
*Receiving financial institution ABA # &
address
*Receiving party's name, address and account #
Night deposit-
located on the West side of our
2533 Denny Ave, Pascagoula, MS office
Free Notary
Service
Consumer Reports
magazine available for research.
FEES
| Membership |
$0 |
| Check cashing (members
only) |
$0 |
| Share Draft/checking
account |
$0 |
| Stat-Line Audio Response
(228-769-7881 or 877-471-3797) |
$0 |
| Internet banking
(www.hospitalsystemcu.com) |
$0 |
| ATM withdrawals -CU24
network |
$0 |
| ATM withdrawals-Non CU24
network |
$1 |
| ATM inquiries-CU24
network |
$0 |
| ATM inquiries-Non CU24
network |
$.50 |
| Loan
Application |
$0 |
| ATM card |
$0 |
| Account Research
|
$25/hr |
| ACH stop
payment |
$23 |
| ATM/Debit card
replacement |
$10 |
| Bad Address |
$5 |
| Christmas club early
withdrawal |
Total interest
earned |
| Certificate early
withdrawal |
90 days
interest |
| Check replacement to
non-member |
$3 |
| Dormant account fee
|
$5 per
quarter |
| Garnishment/Levy
|
$25 |
| IRA annual administration
|
$7.75 |
| Non-member check cashing
|
$3 |
| Non-sufficient funds
|
$23 |
| Official Check copy
|
$3 |
| Overdraft transfer
|
$2 |
| Returned deposited
/cashed items |
$23 |
| Share draft copy
|
$2.50 |
| Statement printout
|
$5 |
| Stop payment |
$23 |
| Wire transfers |
$10 |
Loans
